
New Apartments for Rent in Monrovia, CA Under $5,000 (12 Rentals)


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Areum Apartment

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The Monroe

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Alexan Marmont

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MODA at Monrovia Station

Trestle
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Solare

The Huntington

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Solana at Duarte Station

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Esperanza at Duarte Station

135 W Live Oak Ave, Unit J

57 Wheeler Residential
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Monrovia, CA Local Guide

How much does it cost to rent an apartment in Monrovia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monrovia Studio Apartments | $2,456 | $1,800 | $2,944 |
| Monrovia 1 Bedroom Apartments | $2,749 | $1,590 | $6,100 |
| Monrovia 2 Bedroom Apartments | $3,632 | $2,095 | $8,185 |
| Monrovia 3 Bedroom Apartments | $4,723 | $3,295 | $5,890 |
Explore Monrovia
Monrovia, CA Local Guide
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A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Monrovia, CA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monrovia, CA Rentals by Map
See the most popular apartments and homes in Monrovia, CA
Frequently Asked Questions about New Monrovia Apartments
What is the Cheapest New apartment in Monrovia?
Currently the most affordable New Apartment in Monrovia is at Solare listed at $2,860.
How much is the average rent for a New Monrovia Apartment?
The average rent for a New Apartment in Monrovia is $3,041.
What is the largest New Monrovia Apartment for rent?
Today's New apartment with the most square footage in Monrovia is a 1,084 square feet unit starting from $2,860 at Solare.
What is the average size for Monrovia New Apartments for rent?
The average size for a New rental in Monrovia is currently at 815 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Los Angeles, CA
Written by: Rachel Presser
Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.